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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Salem at 5424 49th Ave NE, Salem, OR, 97305 earns from $2,874/mo rent with a $2,349/mo payment. Total monthly income totals $2,874/mo. ROI tracks 19.74% on current figures, and rental yield reads 7.19% at a $479,900 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 over five years. Five-year ROI reaches 101.74% and total cumulative return in cash sums $161,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,874/mo property income instead of your personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97305, Salem, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,206 (100%) |
| Owner Occupied HU | 8,699 (53.7%) |
| Renter Occupied HU | 7,030 (43.4%) |
| Vacant Housing Units | 477 ( 2.9%) |
| Median Home Value | $391,262 |
| Average Home Value | $416,883 |
Residential
15,796
Single Family
14,699
Multi-Family
1,097
Businesses
798
Date | Event | Price |
|---|---|---|
| 2024-08-16 | Listed for sale | $479,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: SUSIE HANSEN • Re/Max Homesource
Mls Name: WVMLS
Mls Provider:
Mls ID: #821155
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
